European credit rating and financial analysis agency Scope Group announced today the launch of a new ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. scoring tool, aiming to enable portfolio managers to assess the sustainability impact of any company in the world for which they have basic financial data.
The new scoring tool is based on the impact analysis model underlying Scope’s ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Impact Review, which incorporates the impacts of companies’ global supply chains, and supplementary services addressing issuers’ alignment with the EU Taxonomy, the ‘Do No Significant Harm’ requirements, the UN’s Sustainable Development Goals and the 2015 Paris Accord.
With the new tool, investors can apply ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. analysis to a much broader investment universe, including any company for which they know the geographic location of activities and sectoral breakdown of revenues.
Diane Menville, head of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. at Scope, said:
“Many investment portfolios include small and medium-sized enterprises and private companies whose public reporting of ESG-related data may be even harder to come by than their minimal financial disclosure.
“The Scoring Tool allows portfolio managers to extract indicative scores of these companies’ ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. impacts, providing vital intelligence on the sustainability of their investments and longer-term risks the companies themselves face,” says Menville. “In addition, the tool allows investors and asset managers to simulate the sustainability impact of future mergers, acquisitions or industrial restructuring.”
The post Scope Group Launches ESG Scoring Tool for Asset Managers appeared first on ESG Today.